News

The U.S. Department of Education is set to restart interest accrual on federal student loans under the Saving on a Valuable ...
Historically, the Standard Plan was the quickest way for federal student loan borrowers to pay down their debt. That may soon ...
The SAVE plan has been in legal limbo for months since the program was struck down by a federal appeals court.
This plan was introduced in August 2023 and essentially caps monthly payments at a portion of the borrower’s income, ...
Interest accrual will resume next week for nearly 7.7 million student loan borrowers who have been in a zero-interest forbearance under the Saving for a Valuable Education repayment plan.
HOUSTON – Starting Aug. 1, interest will resume on federal student loans for millions of borrowers enrolled in the now-blocked SAVE repayment plan. “Every single individual loan is already ...
The new Repayment Assistance Plan (RAP) cancels loans after 30 years of payments. Base payments are calculated as a percentage of adjusted gross income depending on income. The base rate is ...
Millions of borrowers may be forced to change their student loan repayment plan. Most income-driven repayment (IDR) plans will no longer be available, effective July 1, 2026.